Added to YB: 2025-01-20
Pitch date: 2024-08-15
BRID [bullish]
Bridgford Foods Corporation
+14.87%
current return
Author Info
No bio for this author
Company Info
Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States.
Market Cap
$94.5M
Pitch Price
$9.01
Price Target
N/A
Dividend
N/A
Sector
Food Products
Category
value
Bridgford Foods Has A Lot Of Asset Value But Not A Lot Of Cash Flow
BRID: Undervalued specialty food co. w/ strong balance sheet (4.27 current ratio, $15.9M cash vs $2.1M debt). Real estate worth up to $200M vs $65.3M book value. P/S 0.35, P/B 0.65. Management conservative, family-focused. Q3 loss due to margin squeeze & sales drop. Insiders buying, no sales. Risks: profitability struggles, customer (DG, WMT) issues.
Read full article (5 min)